地緣政治風險和減半事件導致加密貨幣市場回調

過去24小時，加密貨幣市場遭受重創，比特幣、以太幣大幅下跌，市場整體情緒轉為負面。經濟低迷歸因於地緣政治風險加劇，導致投資者尋求傳統避險資產的避難，導致加密貨幣頭寸大規模清算，並引發人們對即將到來的減半事件潛在影響的擔憂。

Cryptocurrency Market Suffers Significant Correction Amidst Heightened Geopolitical Risks and Approaching Halving Event

地緣政治風險加劇、減半事件臨近，加密貨幣市場大幅回調

Over the past 24 hours, the cryptocurrency market has experienced a substantial downturn, leaving many investors reeling from the abrupt loss of value. Bitcoin (BTC), the preeminent digital currency, has plunged to $65,086 on major exchanges, triggering widespread concern and uncertainty. Ethereum (ETH), another leading cryptocurrency, has also suffered a significant setback, losing over 10% of its value in tandem with Bitcoin's downward trajectory.

過去24小時，加密貨幣市場經歷了大幅低迷，讓許多投資者因價值的突然下跌而感到震驚。比特幣 (BTC) 作為卓越的數位貨幣，在主要交易所已暴跌至 65,086 美元，引發了廣泛的擔憂和不確定性。另一種領先的加密貨幣以太幣 (ETH) 也遭受了重大挫折，隨著比特幣的下跌，其價值損失了 10% 以上。

The genesis of this crypto market correction can be attributed to escalating geopolitical risks in the United States stock markets. As conventional safe-haven assets such as gold experienced a temporary surge, cryptocurrencies faced increased selling pressure, resulting in a mass liquidation of positions. In the past day alone, an estimated $934 million worth of cryptocurrency has been liquidated, with long positions accounting for the majority of the losses at approximately $823 million.

這次加密貨幣市場調整的根源可歸因於美國股市地緣政治風險的不斷升級。由於黃金等傳統避險資產經歷了短暫的上漲，加密貨幣面臨更大的拋售壓力，導致頭寸被大量清算。僅在過去一天，就有估計價值 9.34 億美元的加密貨幣被清算，其中多頭部位造成了大部分損失，損失約為 8.23 億美元。

Compounding the current market volatility is the impending Bitcoin halving event, scheduled to occur on April 20. Many industry experts anticipate a corresponding decline in cryptocurrency prices as a result, further exacerbating the already challenging market conditions.

即將於 4 月 20 日發生的比特幣減半事件加劇了當前的市場波動。許多行業專家預計加密貨幣價格將相應下跌，進一步增加一個已充滿挑戰的市場狀況。

Geopolitical and Macroeconomic Factors

地緣政治和宏觀經濟因素

Geopolitical tensions in US stock markets have been cited as a primary catalyst for the recent downturn, prompting investors to seek refuge in traditional safe-haven assets such as gold. As a result, Bitcoin's dominance in the overall cryptocurrency market has increased to approximately 56%, signaling a significant shift in the current market cycle.

美國股市的地緣政治緊張局勢被認為是近期經濟低迷的主要催化劑，促使投資人尋求黃金等傳統避險資產的避難。因此，比特幣在整個加密貨幣市場的主導地位已增至約 56%，標誌著當前市場週期的重大轉變。

Halving Event and Market Outlook

減半事件及市場展望

Concurrently, the cryptocurrency market has been grappling with the looming halving event, which is expected to reduce the issuance of new Bitcoins by 50%. Some experts predict that this event could lead to a further decline in cryptocurrency prices, adding to the current market uncertainty.

與此同時，加密貨幣市場一直在應對即將到來的減半事件，預計新比特幣的發行量將減少 50%。一些專家預測，這起事件可能導致加密貨幣價格進一步下跌，增加當前市場的不確定性。

However, amidst the market turmoil, notable macroeconomist and investor Henrik Zeberg maintains an optimistic outlook, citing the formation of a bullish flag pattern on Bitcoin's four-hour chart. This technical indicator suggests the potential for a future upward movement in Bitcoin's price.

然而，在市場動盪的情況下，著名宏觀經濟學家和投資者 Henrik Zeberg 仍保持樂觀的前景，理由是比特幣四小時圖表上形成了看漲旗形圖案。該技術指標顯示比特幣價格未來有可能上漲。

Investor Caution and Volatility

投資者的謹慎和波動性

The recent market downturn highlights the inherent volatility and unpredictability of the cryptocurrency market. While fluctuations in cryptocurrency prices are not uncommon, the magnitude and suddenness of the recent correction serve as a reminder of the importance of exercising caution and vigilance when investing in digital assets.

最近的市場低迷凸顯了加密貨幣市場固有的波動性和不可預測性。雖然加密貨幣價格波動並不罕見，但近期調整的幅度和突然性提醒人們在投資數位資產時保持謹慎和警惕的重要性。

Bitcoin and Altcoin Performance

比特幣和山寨幣表現

As Bitcoin attempts to regain its momentum, the dominance of altcoins, or alternative cryptocurrencies, has waned, with Bitcoin reclaiming its position as the market leader. While Bitcoin may be on the path to recovery, the same cannot be said for altcoins, which face an arduous uphill battle to regain lost ground.

隨著比特幣試圖重拾勢頭，山寨幣或替代加密貨幣的主導地位已經減弱，比特幣重新奪回了市場領導者的地位。雖然比特幣可能正在復甦，但山寨幣卻並非如此，山寨幣面臨著收復失地的艱苦攻堅。

Market Trajectory

市場軌跡

In the coming days, the cryptocurrency market will be closely monitored by investors seeking signs of stabilization and direction. Whether Bitcoin will emerge triumphant once again or whether the current bull cycle is nearing its end remains uncertain. Time will be the ultimate arbiter of the market's trajectory.

未來幾天，尋求穩定跡象和方向的投資者將密切關注加密貨幣市場。比特幣是否會再次取得勝利，或者當前的牛市週期是否已接近尾聲，仍不確定。時間將是市場軌跡的最終裁決者。